BREAKING: MT. Gox just moved $2.99 billion worth of BTC.

Here's an update on my previous market outlook for BTC/USDT:

We are now expecting a deeper retracement as sentiment changes. Consider taking profits on our previous trade and waiting for the price action to develop. It's possible we'll see the price moving to the 58K CME gap. I'm still expecting this month to close above 60,670 to maintain a bullish view on the overall cryptocurrency market.

Let's see how the price action develops.

https://www.tradingview.com/chart/BTCUSDT/Xy9gXA33-BITCOIN-BULL-IS-NOT-OVER/




https://www.tradingview.com/chart/BTCUSDT/aUqmo6MR-BTC-USDT-Trade-Played-Out-Better-Than-We-Expected-What-s-Next/